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Johnson Controls Signs Agreement to Acquire Alloy Enterprises, Strengthening Data Center Thermal Management Leadership

Acquisition adds Alloy Enterprises' technology enabling up to 35% better thermal efficiency and reduces cooling energy use in high-performance data centers, Johnson Controls said.

  • Yesterday, Johnson Controls announced from Milwaukee that it has an agreement to acquire Alloy Enterprises, with financial terms not disclosed.
  • Johnson Controls said the deal aligns with its strategy to unlock cooling innovation and accelerate the AI-based economy while strengthening capabilities in the data center thermal segment through Alloy Enterprises' next-generation platform.
  • Alloy Enterprises, founded in 2020, develops advanced direct liquid cooling that can enable up to a 35% improvement in thermal management efficiency and is now shipping to leading data center, industrial, and military customers.
  • Alison Forsyth added she is excited to join Johnson Controls and accelerate their technology's impact, supporting the company's thermal management strategy.
  • Regulators must approve the transaction, and Johnson Controls' cautionary statement highlights risks including unmet synergies, integration delays, transaction costs, and impacts on energy efficiency and decarbonization efforts.
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Johnson Controls signs agreement to acquire Alloy Enterprises, strengthening data center thermal management leadership

Transaction aligned with Johnson Controls' strategy to unlock cooling innovation and accelerate the AI-based economyEnhances Johnson Controls' leading capabilities in the rapidly growing data center thermal segment

·Poteau, United States
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The Irish-American multinational Johnson Controls will purchase Alloy Enterprises, a Boston-based company specializing in thermal management of high-performance data centers and other industrial applications.

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PR Newswire broke the news in United States on Wednesday, February 18, 2026.
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